Here's Why This Group Burnt A Banksy

Video Credit: Cover Video STUDIO
Published on March 8, 2021 - Duration: 01:10s

Here's Why This Group Burnt A Banksy

A collective has burnt a banksy picture to make a unique digital-only version.

The group, calling themselves BurntBanksy, reportedly bought a $95,000 screenprint of โ€œMorons (White)โ€ from a New York Gallery.

They then recorded themselves setting fire to the piece in Brooklyn on 3 March '21.

It was then listed for sale as a Non-Fungible Token (NFT).

A NFT is a special type of cryptographic token which represents something unique.

There were indications that the NFT sold for 228.69 ETH (approx.

$380,000) on Sunday 7 March.


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